Q4 2009 Earnings Report: Wireless Carriers Reap Profits from Data Revenues
March 2nd, 2010 admin
The four major U.S. wireless carriers have posted their fiscal year 2009 earnings, and data revenues seem to be keeping all of them in business. To see just how service providers profit from your elected data plan charges, read on for the real figures. AT&T Inc. (T) reported fourth quarter 2009 net income of $3 billion, or earnings per share of $0.51, on sales of $30.9 billion. This compares to a net income of $2.4 billion, or earnings per share of $0.41, on sales of $31.1 billion in the same period a year ago. This met …
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